OCBC Bank is working with SMU, NUS, and NTU to tap the enhanced computational power of quantum computers to strengthen real-time fraud detection and better secure data against new threats. Under their 12-month research collaborations inked on 17 July 2025, OCBC would also be harnessing quantum algorithms to perform derivative pricing, the process of determining the value of equity derivative products such as options, futures and swaps. To speed up accurate fraud detection, OCBC would work with SMU to apply quantum machine-learning techniques to analyse complex and unstructured data to pick up patterns and anomalies that are indicative of fraudulent activity.
Lianhe Zaobao © SPH Media Limited. Permission required for reproduction.
